Development Of Micro, Small And Medium Enterprises Research Articles

The role of financial technology on development of MSMEs

The purpose of this research is to describe the role of Financial Technology in enhancing financial inclusion in the Micro, Small and Medium Enterprises (MSMEs) industry through accessibility and assistance. MSMEs play a very important role in increasing regional and national economic growth. There are various types of MSMEs that are scattered throughout Indonesia with the main problem being capital. The rapid growth of FinTech's financing business is currently an alternative that can be accessed by all levels of society through financial inclusion, which is one way to socialize the financial sector specially to facilitate financial access services for the public. The population in this study were members of Dekranasda (Dewan Kerajinan Nasional Daerah) Denpasar assisted and the determination of samples was based on purposive sampling method which includes people involved in a weaving craft business and have been fostered for at least 3 years. The method of data collection is by questionnaires, documentation and interviews. The method of data analysis in this study is the instrument test, classic assumption test, and hypothesis testing with the SPSS program. Based on the results of the analysis of accessibility and assistance, financial technology has a significant positive effect on capital development. By funding MSMEs, lenders get investment alternatives with attractive returns. On the other hand, MSMEs borrowers get business capital loans without collateral with an easy and fast online process.

Strategi pengembangan Usaha Mikro Kecil Menengah (UMKM) di Kota Malang melalui literasi informasi

This study examined Micro, Small, and Medium Enterprises (MSMEs) development strategies through information literacy. Information literacy can be interpreted as expertise in effectively accessing and evaluating information to solve problems and make decisions. This study aimed to improve the quality of human resources driving MSMEs in Malang through information literacy. Descriptive qualitative methods were used to describe the phenomenon as a whole. Data were collected through Focus Group Discussions (FGDs) to determine the pattern of problem identification, searching and implementing solutions, and applying information literacy to the UMKM process in Malang City. The FCD results were analyzed by identifying problems, solutions that were implemented, and information literacy application. The next step was to formulate the stages of the MSME development strategy. MSMEs in Malang City faced internal (capital, human resources, and infrastructure) and external (government support, community roles, and consumer response) constraints. The solutions implemented to overcome these obstacles have not thoroughly utilized information literacy skills, so the problem recurs. MSME development strategies that can be applied with third parties' assistance are problem identification, reflection on applied solutions, and development of information literacy skills (the ability to access information, sort and select, and understand and implement it). Based on these findings, the role of third parties, such as the government and the research team, is quite important for implementing strategies and improving the quality of MSME Human Resources.

The implementation of PSBB on the development of retail MSMEs with the COVID-19 pandemic as a moderating variable

Purpose – This study aims to analyse the effect of the implementation of PSBB on the development of Retail MSMEs (micro, small, and medium enterprises).Method – Respondents in the study were 100 respondents. The sampling technique used in this study was purposive sampling, with the criteria for Retail MSMEs actors in Garung District, Wonosobo Regency, and at least the business had been operating for one year. The data analysis technique used in this research was SEM Smart PLS.Result – The development of Retail MSMEs was significantly influenced by the implementation of PSBB and was moderated by the Covid-19 pandemic. Implication – This study can assist businesses and the government during a pandemic outbreak.Originality – This is the first study examining the influence of a pandemic outbreak on the development of MSMEs in the retail industry.

The Presentation of potential data for Micro, Small and Medium Enterprises (MSME) in the Food Sector at vilage office website

The title of this paper is the presentation of potential data for Micro, Small and Medium Enterprises (MSME) in the Food Sector at vilage office website. The purpose of this paper is the existence of MSME data in food as a source of information for development needs, especially in the food sector. The implementation method consists of preparation and briefing, data collection and data collection to the Village Website. Food MSME data presented on the Website consists of Pipang MSME profiles, the current market and the stabilization of food prices in the market. The Community Service Program 1 UMS Rappang is expected to benefit the community. By providing MSME data on this website, it is expected to be information for MSME development strategies in particular and the Environment Kampung Pisang in general.

The Presentation of potential data for Micro, Small and Medium Enterprises (MSME) in the Food Sector at vilage office website

The title of this paper is the presentation of potential data for Micro, Small and Medium Enterprises (MSME) in the Food Sector at vilage office website. The purpose of this paper is the existence of MSME data in food as a source of information for development needs, especially in the food sector. The implementation method consists of preparation and briefing, data collection and data collection to the Village Website. Food MSME data presented on the Website consists of Pipang MSME profiles, the current market and the stabilization of food prices in the market. The Community Service Program 1 UMS Rappang is expected to benefit the community. By providing MSME data on this website, it is expected to be information for MSME development strategies in particular and the Environment Kampung Pisang in general.

Perception of micro small and medium enterprise entrepreneurs on banking services

The breakdown rate of current Micro, Small and Medium enterprises (MSMEs) is very high. Access to finance is one amongst the predominant constraints to the endurance of latest MSMEs. The objective of the research is to seem to be at the acuity of MSME entrepreneurs on historic and revolutionary funding selections or funding serves attainable in banks. The research analyzed about the standard sources of equity and debt like business angels, venture capitalists, trade credit and a range of government schemes. There’s the necessity to produce restrictive a impression that may additionally support to the development of MSMEs in India. Keyword: MSMEs, Banking services, Financing, Equity, Schemes.

The Impacts of BMT Empowerment Program to MSMes Development: A Case Study in Magelang

AbstractThis study aims to determine the impact of the BMT (Baitul Maal wa Tamwiil)empowerment program on the development of MSMEs (Micro, Small, andMedium Enterprises) in Magelang. From this research, it is hoped that it canprovide accurate data and maps about the extent to which programs andactivities that have been carried out by BMT influence MSMEs in MagelangRegency, with indicators: BMT and UMKM profiles; access that MSMEs haveto the BMT program, programs that have been implemented by BMT and theimpact of the BMT program on the development of MSMEs. This research usesdescriptive qualitative analysis. Respondents in this study consisted of severallarge BMTs in Magelang, namely BMT LE Syariah, BMT Bima, BMT Karisma,and BTM Amman. The results showed that the programs implemented by BMTin the development of MSMEs had an impact on increasing business productivityby increasing capital, increasing profits, and increasing managerial usingmusyarakah, murabahah, wakalah and qardhul hasan contracts. Also, BMThelp to market their members’ business products in cooperation with institutionsand agencies (Cooperative agencies) in the form of collaboration activities ofMSMEs empowerment.

Development of Micro, Small and Medium Enterprises (MSMEs) Based on Creative Economy (EKRAF) and Gig Economy in Gorontalo Regency

The purpose of this study is to determine the development of MSMEs in Gorontalo Regency and to provide new innovations in the development of MSMEs based on Creative Economy (Ekraf) and Gig economy in Gorontalo Regency. This study uses a descriptive qualitative approach, which describes and describes facts according to the phenomenon of how development is seen from the strengths, weaknesses, threats and opportunities (SWOT analysis) with the aim of providing an Creative Economy-based MSME development strategy and the Gig economy in Gorontalo Regency. Data collection was carried out through observation, interviews and documentation about the strengths, weaknesses, opportunities, and threats of MSMEs against informants from three business fields, namely the Food Business Sector (dodol processed food), clothing (Sulaman Karawo) and handicrafts spread across three existing sub-districts in Gorontalo Regency. The results showed that the creative economy-based and gig economy-based MSMEs in Gorontalo Regency have not been fully implemented by MSME actors because they have limited capabilities and experience problems in their business development, this is due to several problems faced such as limited capital, raw materials and the use of simple production equipment, limited marketing media due to the absence of a MSME center, the types of products offered, quite a lot of transaction costs, less skilled labor, and product copyright registration problems for that from the results of the SWOT analysis of the diversification strategy at a more precise value to be applied, because it is considered more appropriate to the current conditions in Gorontalo Regency. In addition, the use of the gig economy is a part-time worker who is competent and innovative for MSMEs that are progressing and ready to compete.

Evaluating critical factors to implement sustainable oriented innovation practices: An analysis of micro, small, and medium manufacturing enterprises

Micro, Small and Medium Enterprises (MSMEs) play an important role in the economic development of any developing country due to their innate capability of transforming novel ideas into innovations and thus building profitable enterprises. Globalisation has necessitated smaller firms to target on Sustainable Oriented Innovation (SOI) practices, as an essential parameter for achieving competitive advantage. However, transforming MSMEs towards the incorporation of SOI practices is not an easy task for a developing country like India. For this, MSMEs will have to focus on significant innovation factors that would help them sustain global competition. This paper highlights essential Critical Factors (CFs) to implement SOI practices in MSMEs of the Delhi NCR region of India catering to sector which manufactures products. A novel multi-criteria decision-making technique called an Analytical Hierarchy Process (AHP) is employed in identifying the vital CFs amongst these. The AHP evaluation results’ robustness is checked by performing a sensitivity analysis. Research results indicate that ‘Top management support’; ‘Government initiatives’ and ‘Financial resources’ are the most important factors contributing significantly in implementing SOI practices. This research is useful for developing recommendation for companies, academic experts, and Governmental professionals. The authors believe that research outcomes would be helping India in contributing for the sustainable development of MSMEs.

ANALYSIS OF FACTORS AFFECTING THE DEVELOPMENT OF MICRO, SMALL AND MEDIUM ENTERPRISES (MSMEs) IN RURAL AREAS

This study aims to elaborate on the factors that influence the development of micro, small and medium enterprises (MSMEs) in rural areas. This study uses a quantitative approach, because the data obtained is realized in the form of numbers and analyzed based on statistics. Based on the research method used, this research is an associative-causal research. Data collection techniques using a questionnaire with test requirements include validity test and instrument reliability test and normality test. Hypothesis test using Pearson Product Moment correlation, multiple correlation, simple regression, and multiple regression. The results of the study show (1) there is a significant influence of marketing factors on the development of MSMEs. (2) Working capital has a significant effect on the development of MSMEs. (3) The variables of marketing and capital have a significant effect on the development of MSMEs.

The Effect of Business Networks, Product Innovation, and Business Competition on the Development of Micro, Small and Medium Enterprises (MSMEs) In Boven Digoel District

The purpose of this study is to determine and analyze the effect of business networks, product innovation and business competition on the development of MSMEs in Boven Digoel Regency either partially or simultaneously. This study will explain the causal relationship between variables through hypothesis testing. In this study, the analytical method used is path analysis (Path Analysis) using the SPSS program. The results of the study found that the variables of business networks, product innovation, and business competition partially have a significant effect on the development of small and medium enterprises in Boven Digoel Regency, which means that when the Business Network is improved it will have a significant effect on the development of Small and Medium Enterprises in Boven Digoel Regency. Furthermore, the variables of Business Network, Product Innovation, and Business Competition together (simultaneously) have a significant effect on the development of Small and Medium Enterprises in Boven Digoel district.

ANALISIS FINANSIAL DAN STRATEGI PENGEMBANGAN USAHA MIKRO, KECIL DAN MENENGAH AMPLANG MENUJUONE VILLAGE ONE PRODUCT

The Micro, Small and Medium Enterprises (MSME) sector in Indonesia has some important roles in development, one of which is MSMEs are able to reduce unemployment due to labor force that is not absorbed in the world of work. One of the village development efforts is through One Village One Product approach. Kauman Village is the center of amplang MSME which is considered by the community to be a typical product of the area and has been operating for years and still exists up to today. Despite being operated for a while, its financial feasibility has not been recognized. In addition, business development strategies are also essential because until now most of these MSMEs still face challenges which one of them is on the marketing aspect. The marketing strategy used is conventional one, which is considered less suitable for today’s digital era. The analytical method used to determine the financial condition ofamplang’s business in KaumanVillage,Ketapang is by calculating the net profit of the business. While the SWOT analysis is used to formulate the amplang MSME development strategy in Kauman Village based on the respondents’ answers on the questionnaires. Based on the results of the financial analysis with net profit calculation, it can be concluded that all amplang MSMEs are feasible to maintain. Meanwhile, according to the results of the SWOT analysis, all amplang MSMEs are positive and in quadrant I which proves that amplangMSMEs are very strong and have a chance to grow and develop.

SERVICE IMPLEMENTATION OF CONSUMER INTEREST IN TEBING TINGGI BUSINESS CLINIC SUMATERA UTARA

This research begins with the development of MSMEs (Micro, Small and Medium Enterprises) which is an illustration of strengthening regional potential. Developing MSMEs can improve services to consumers in order to create buying interest. The benchmarks that are assessed through the level of confidence in a product directly aim to analyze customer interest. In this study, it is explained that customer interest is product quality, service quality, price, and cost which are closely related to meeting the service needs of the Tebing Tinggi Business Clinic (KLIBI) assisted them. The method used is the canonical analysis method which is a multivariate model that studies the relationship between the dependent variable set varied from the independent variable set. The data characteristics for canonical correlation are metric data, namely interval or ratio data. The research result gained that responsiveness and concern give the significant effect on the cost so that customers want to buy continuously. For the recommendation, The Government needs to improve the quality of product endorsement among Tebing Tinggi and Indonesian consumers by making the program business promotion and international exhibitions through KLIBI.

ANALISIS PERKEMBANGAN USAHA MIKRO KECIL MENENGAH SEBELUM DAN SESUDAH MENERIMA PEMBIAYAAN SYARIAH (STUDI PADA PT. BPRS HIKMAH WAKILAH BANDA ACEH)

This study aims to examine whether there is an improvement in the profit, the number of customers, and the number of employees for Micro, Small and Medium Enterprises (MSMEs) before and after receiving shariah financing. Total of 93 respondents were selected based on purposive sampling method with a focus on MSMEs which have received shariah financing from PT. BPRS Hikmah Wakilah Banda Aceh. This research is quantitative descriptive using questionnaires to obtain data about the development of MSMEs. Data was analyzed using the Wilcoxon sign rank test. This study found there is a difference and an increase in the profit based on the test of descriptive statistic and Wilcoxon rank test. Likewise with the aspects of customers and employees, this study discovered that there is a difference and an increase in the number of customers and employees pursuant to the receip of shariah financing by the MSMEs. It implies that sharia financing plays a role in the development of MSMEs.

The Effect of Industry 4.0 on the Development of Micro, Small and Medium Enterprises (MSMEs) Banana Chips in Bandar Lampung

Industry 4.0 fosters the local economy to be globalized because of technological innovation and the use of the internet. In Indonesia, MSMEs play a vital role in determining national economic performance. In the era of industry 4.0, MSMEs in Indonesia must adopt the technological changes affected by Industry 4.0; otherwise, their business loses competitiveness in the future. To win the competitiveness in the era of industry 4.0, Banana chips MSMEs should formulate the strategies which address the technological improvement and innovation on the component of MSMEs development. This study aims to examine the effect of industry 4.0 on the aspects of MSMEs development, pervades production and infrastructure, networking and financing support, sales and marketing, and human resources. This study used a quantitative approach and conducted a regression analysis to discover which aspect is affected by Industry 4.0. The results of the study revealed that only two components of Banana Chips MSMEs development affected industry 4.0. They are the component of sales and marketing and human resources components.

Pengaruh Coaching dan Mentoring terhadap Perkembangan Umkm Fashion Serta Orientasi yang Dimediasi Kewirausahaan

Changes in the environment and market mechanisms that are so open, competitive, and market control are challenges that must be answered with a market orientation approach. The purpose of this study is: to examine the effect of coaching and mentoring on the development of Fashion Micro, Small and Medium Enterprises (MSMEs) in the capital's supporting areas. This research was conducted at MSME Fashion conducted by young men and women of the millennial generation. While the study population was reviewed at MSME Fashion in the Greater Tangerang area. The sample of this study consisted of 74 MSME Fashion Distros in Tangerang Regency, Tangerang City and South Tangerang City. The sampling technique is multistage sampling consisting of the first simple random sampling in order to determine the Greater Tangerang area that has MSME Fashion, the second is purposive sampling in order to determine the sample in each mapping area that has been determined as a member of the coaching and mentoring of the local entrepreneurship body, and the third is convenience sampling. The method used in determining the sample is based on respondents selected in stage two who are willing to attend. The statistical methods used by researchers are the Confirmatory Factor Analysis (CFA) Method for testing validity, the Cronbach Alpha Method for reliability testing, and the Baron and Kenny methods for hypothesis testing, statistical calculations are performed using the MINITAB application. In this study, researchers found a research result that showed that coaching and mentoring had a positive effect on the development of Fashion MSMEs and the Regional Entrepreneurship Agency played a positive role in mediating the development of MSMEs.
 Keywords: Coaching, Mentoring, Development of SMEs

IDENTIFICATION OF POTENTIAL AND DEVELOPMENT OF MEDIUM SMALL-MEDIUM ENTERPRISES (UMKM) IN CELAWAN VILLAGE, BEACH MIRROR DISTRICT, SERDANG DISTRICT, NORTH SUMATERA PROVINCE

Micro, Small and Medium Enterprises (MSMEs) have a strategic role in national economic development. MSMEs play a role in economic growth and employment as well as in the distribution of development results. The objectives of the study are: (1) To identify the potential of the area in Celawan Village, Pantai Cermin District, Serdang Bedagai Regency, North Sumatra Province, and (2) Formulate the MSME strategy and development program in Celawan Village. Data collection techniques used are using in-depth interviews, observation, and documentation study. The method used is a qualitative research method with a descriptive approach. The benefit of this idea is expected to be able to help the community, government, researchers and academics in planning the latest programs that contribute greatly to the State. Therefore, Micro, Small and Medium Enterprises (MSMEs) have an important role in the local local economy in driving economic activity to the international level. In the framework of implementing, planning, empowering, and developing Micro, Small and Medium Enterprises (MSMEs) regulations from the government that are needed to provide opportunities for developing MSMEs in rural areas including improvement of facilities and infrastructure, banking access, human resource development, Business Network Development, Marketing and Business Partnership and better economic climate improvement to support the existence of the community facing economic competition in the midst of global markets

BUSINESS DEVELOPMENT MODEL IN THE MICRO, SMALL AND MEDIUM ENTERPRISES AT TOURISM VILLAGE

The Micro, Small and Medium Enterprises (MSMEs) have an important role in economic development. It is reasonable if the empowerment of MSMEs gets special attention by the government, including MSMEs in tourism villages. The tourist village of Loram Kulon MSME which is one of the objects of this research is growing and diverse in both number and type. The diversity of MSMEs has resulted in village governments having difficulties in implementing MSME development programs that are in harmony with the characteristics of tourism villages. This study aims to formulate a business development strategy model for MSMEs in resource-based and local wisdom-based tourism villages. Except in the village of Loram Kulon, research has been carried out with the object of the Jambearum tourism village in Kendal Regency. The study used 7-10 samples of MSMEs taken randomly. Respondents are owners / managers of MSMEs. Data was collected through interviews with the help of questionnaires. Processed using descriptive statistics and analyzed quantitatively and qualitatively. From these two studies can be formulated a model of village tourism MSME development. The results show that the development model based on the SWOT analysis is the right model for formulating the tourism village MSME development strategy. This is because the SWOT analysis considers the internal and external conditions of MSMEs and provides four alternative strategies namely SO, ST, WO, WT which can be selected according to the general objectives of MSMEs in the tourism village

Analisis Perkembangan Usaha Mikro, Kecil dan Menengah (Umkm) Sebelum dan Sesudah Memperoleh Pembiayaan dari Lembaga Keuangan Syariah

This research was conducted to determine the development of Micro, Small and Medium Enterprises (MSMEs) before and after obtaining financing from syariah financial institutions (case study: MSMEs around the Dayeuhkolot market). This study uses a quantitative method with a type of descriptive-comparative research. Sampling is done by non-probability sampling method type of proporsive sampling, with the number of respondents as many as 30 people. The data analysis technique is used descriptive analysis. Based on the results of testing the hypothesis significantly, the development of MSMEs around the Dayeuhkolot market experienced significant differences before and after obtaining financing from syariah financial institutions. This is evidenced by z count ? z table, namely for the dimension of sales turnover is 4.794 ? 2.042, the dimension of labor is 4.673 ? 2.042, and the customer dimension is 4.766 ? 2.042 with a significance level of 0.000 <0.05. Conclusion of this study, the development of MSMEs on the dimensions of sales turnover fall into the very good category, in the dimensions of labor included in the category quite well, and on the dimensions of the customer included in the fairly good category.
 Keywords: development of MSMEs, sales turnover, labor, customers, financing

Pelatihan Pembukuan Keuangan Sederhana dalam Rangka Pelaksanaan Kebijakan Pajak yang Baru (PP Nomor: 23/2018) Untuk Pelaku UMKM Naik Kelas di Kota Depok

The existence of Micro, Small and Medium Enterprises (MSMEs) can no longer be doubted because they are proven to be able to survive and become the economic cogs. In 2011 MSMEs were able to contribute significantly to state revenue by contributing 61,9 percent of gross domestic product (GDP) revenue through tax payments. But the development of MSMEs in Indonesia is still very weak, one of the problems faced is human resources. MSMEs require targeted empowerment, guidance and development to be able to compete with large-scale companies. From the tax sector, the government has made special rules to facilitate MSMEs business people in their tax payments, namely through PP Number 23 of 2018. And furthermore it is expected that MSMEs business players can increase the level of making simple accounting which will help to tidy the administration of their businesses. In this case, we help MSMEs businesses to improve their capability and understanding in accounting and the new Tax Regulation (PP no.23/2018). This activity was attended by 51 MSMEs business people in the city of Depok. After attending the training, participants were given the opportunity to ask questions and consult. The results of the training and mentoring show an increase in knowledge about simple accounting that can be made by the participants themselves and participants become aware of the new taxation rules namely PP No.23 of 2018 as well as raising awareness about the importance of paying taxes.